Melbourne listings rise
Nationally the housing market has suffered from a dearth of quality stock this year.
But Melbourne's listings are beginning to pile up now, hitting 41,819 in July 2020, according to SQM Research's latest figures.
Most recently this has been partly driven by apartments for sale in Melbourne City.
Overall, total stock is still relatively low, and lower than a year ago in six capital cities.
But at least Sydney and Melbourne now have more stock listings, as restrictions were eased through May and June.
Anecdotally stock levels and rental vacancies are very tight in coastal regions, with demand having increased due to COVID-19 and the related restrictions.
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